Ferrari
ESRS disclosure: ESRS S4 \ DR S4-1 \ Paragraph AR 9
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- Can the company provide a detailed account of the process used to establish targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities, as outlined in Disclosure Requirement S4-5? This should include whether and how the company engaged directly with consumers, end-users, their legitimate representatives, or credible proxies with insight into their situation. Additionally, in accordance with Disclosure Requirement S4-1, the company is required to describe the key information necessary to ensure a faithful representation of the policies concerning consumers and end-users. This description must include explanations of any significant changes to the policies adopted during the reporting year, such as new expectations for business customers or new approaches to due diligence and remedy.
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Question Id: S4-1_08
We aim to ensure that every step of our design and production process follows current regulations. To guarantee the compliance with applicable regulation and to achieve functionality, performance, safety and quality objectives, we develop annually a Quality Plan with operational targets. This involves several Company functions, that through the review of the previous year’s results, identify and set new ambitions and defines specific KPIs, monitored monthly throughout the year. As of the date of publication of this Report, no specific public targets have been set.
Report Date: 4Q2024Relevance: 40%
- Has the undertaking identified and reported any severe human rights issues and incidents connected to its consumers and/or end-users? If applicable, disclose these incidents and describe the actions taken to address material impacts, manage material risks, and pursue material opportunities related to consumers and end-users, including the effectiveness of those actions.
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Question Id: S4-4_11
In 2024, Ferrari reported no severe human rights issues or incidents among consumers and end-users. The company adheres to internationally recognized standards and includes consumers and end-users in the scope of disclosure under ESRS 2. These efforts aim to manage risks and opportunities related to human rights impacts on consumers.
Report Date: 4Q2024Relevance: 85%